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Everyone's attention is drawn to a Tanvi Ratna thread on X => https://x.com/tanvi_ratna/status/1907880105369845865?s=19

Whether or not these Big Brain ideas bear fruit remains to be seen.



Gives DOGE full credit for claimed savings. Quietly corrects an off by factor of 10 error on the savings from reduced yields at the end of the thread.


Sane washing terrible decsions has become an expert craft on twitter


DODGE's claimed savings has been pretty questionable and it's not like the cost of debt has weighed on the US much at all.


What a pathetic attempt at spinning manifestly stupid policy:

> @elonmusk & @DOGE are cutting $4B per day. At that pace, they’d shave off $1 trillion by end of Sep 25 (if not May).

Actual economists (of any political persuasion) are not giving Trump the benefit of the doubt, only grifters like this "thought leader".


The idea does not make sense. The consequences and cost of a "correction" would outweigh any interest savings from lowered interest rates due to the lack of demand and lack of inflation. Interest rates are percentages of the whole which would have to go down, the fed also doesn't willy nilly reduce rates, tariff led inflation despite shit conditions would mean they would hold off on decreasing rates.




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